ORG Partners LLC Purchases 1,885 Shares of The TJX Companies, Inc. (NYSE:TJX)

ORG Partners LLC raised its holdings in shares of The TJX Companies, Inc. (NYSE:TJX) by 2,327.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,966 shares of the apparel and home fashions retailer’s stock after buying an additional 1,885 shares during the quarter. ORG Partners LLC’s holdings in TJX Companies were worth $218,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Lecap Asset Management Ltd. bought a new position in TJX Companies in the fourth quarter valued at about $210,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of TJX Companies by 15.1% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,057 shares of the apparel and home fashions retailer’s stock worth $381,000 after acquiring an additional 531 shares during the period. Dakota Wealth Management lifted its holdings in TJX Companies by 115.5% during the 4th quarter. Dakota Wealth Management now owns 53,371 shares of the apparel and home fashions retailer’s stock worth $5,007,000 after purchasing an additional 28,610 shares during the last quarter. Keel Point LLC raised its holdings in TJX Companies by 2.9% in the 4th quarter. Keel Point LLC now owns 4,231 shares of the apparel and home fashions retailer’s stock valued at $397,000 after acquiring an additional 121 shares in the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of TJX Companies by 2.5% during the 4th quarter. Capital Analysts LLC now owns 5,939 shares of the apparel and home fashions retailer’s stock worth $558,000 after buying an additional 145 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Robert W. Baird upped their target price on TJX Companies from $110.00 to $113.00 and gave the company an “outperform” rating in a research report on Thursday, May 23rd. BMO Capital Markets lifted their price objective on TJX Companies from $110.00 to $116.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Barclays boosted their target price on TJX Companies from $109.00 to $114.00 and gave the company an “overweight” rating in a research note on Thursday, May 23rd. UBS Group boosted their price target on TJX Companies from $132.00 to $134.00 and gave the company a “buy” rating in a report on Thursday, May 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $114.00 target price on TJX Companies in a report on Tuesday, May 21st. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $113.39.

TJX Companies Stock Performance

Shares of NYSE:TJX traded down $1.96 during midday trading on Wednesday, hitting $109.08. The company had a trading volume of 6,408,241 shares, compared to its average volume of 5,383,337. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.23 and a quick ratio of 0.61. The company has a market cap of $123.28 billion, a price-to-earnings ratio of 27.06, a PEG ratio of 2.95 and a beta of 0.88. The TJX Companies, Inc. has a 12-month low of $85.44 and a 12-month high of $115.35. The company has a fifty day moving average of $110.96 and a two-hundred day moving average of $102.51.

TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.06. The firm had revenue of $12.48 billion during the quarter, compared to analyst estimates of $12.48 billion. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.76 earnings per share. On average, equities research analysts expect that The TJX Companies, Inc. will post 4.11 EPS for the current fiscal year.

TJX Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.38%. TJX Companies’s payout ratio is 37.22%.

Insider Activity

In related news, CEO Ernie Herrman sold 20,000 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $102.17, for a total value of $2,043,400.00. Following the completion of the transaction, the chief executive officer now owns 571,148 shares of the company’s stock, valued at approximately $58,354,191.16. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other TJX Companies news, CEO Ernie Herrman sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $102.17, for a total value of $2,043,400.00. Following the completion of the sale, the chief executive officer now owns 571,148 shares of the company’s stock, valued at $58,354,191.16. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Kenneth Canestrari sold 20,332 shares of TJX Companies stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $100.00, for a total transaction of $2,033,200.00. Following the sale, the executive vice president now directly owns 110,893 shares of the company’s stock, valued at approximately $11,089,300. The disclosure for this sale can be found here. Insiders sold a total of 50,003 shares of company stock worth $5,060,941 over the last 90 days. Corporate insiders own 0.13% of the company’s stock.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.